Cost of Living in Cleveland, OH

Cleveland, Ohio, is known for having a relatively low cost of living compared to the national average. Here's how an income of $88,640 per year aligns with everyday expenses:

• Overall Affordability:

  • Cleveland's cost of living is approximately 10% lower than the national average.
  • Essential expenses like groceries, utilities, and healthcare are typically less expensive.

• Transportation:

  • Generally affordable public transportation options, including buses and rapid transit.
  • Slightly lower gas prices compared to national averages, benefiting commuters.

Housing Market

Cleveland offers attractive real estate options for homebuyers and renters. It stands out for its affordability in comparison to other U.S. cities.

• Home Prices:

  • The median home price in Cleveland is considerably lower than the national median, making homeownership accessible at this income level.
  • There are diverse housing options available, from historic homes to modern condos.

• Rental Market:

  • Rental rates are also lower than the national average, providing flexibility for those not looking to buy.

Quality of Life

Cleveland boasts a substantial quality of life supported by cultural, recreational, and educational amenities.

• Cultural and Recreational Activities:

  • Rich cultural scene with numerous museums, theaters, and music venues.
  • Abundance of parks and access to Lake Erie, offering outdoor recreational activities.

• Community and Living Environment:

  • Strong sense of community and neighborhood involvement.
  • Four distinct seasons with a variety of outdoor activities year-round.

Access to Healthcare

Cleveland is home to some leading healthcare facilities, providing robust health services.

• Healthcare Systems:

  • Presence of the renowned Cleveland Clinic and University Hospitals.
  • Generally well-regarded medical care with cutting-edge treatments and research.

• Affordability and Access:

  • Healthcare services are reasonably priced relative to the quality provided.
  • Access is generally good with numerous healthcare facilities and professionals.

Quality of K-12 Schools

Education quality in Cleveland varies, with options for both public and private schooling.

• Public Schools:

  • Variable performance across different districts; some schools perform below the national average.
  • Opportunities for involvement in school improvement initiatives.

• Private and Charter Schools:

  • Several noteworthy private and charter schools with strong academic programs.
  • Options are available for families seeking